The home insurance market

Australia has 0 APRA-authorised general insurers, but only a handful carry retail home risk — and they sell it through 46 different consumer brands. We also hold 0 revoked licences, which is what explains names like AAMI and GIO surviving as trading names long after their own licence was extinguished.

Find your brand below and you'll see which APRA-authorised entity actually carries the risk.

What a shared underwriter does and doesn't tell you. It identifies whose balance sheet ultimately pays a claim. It does not mean two brands are the same deal:

Price is set by the retailer, not the carrier. The distributor adds its own margin, so two brands on one underwriter routinely quote different premiums for the same risk. Sharing a carrier is not a reason to stop comparing.
The product may differ. They might sell one policy wording under two covers, or genuinely different limits, exclusions and sub-limits. That's answerable by comparing their PDSs — we hold no product wording for these brands yet, so right now we can't say either way.
Claims may be handled by different people. Who assesses your claim, who authorises the payout and how long it takes can sit with the carrier, the retailer, or a third-party administrator — and that is often what you actually experience.

Where a brand shares a carrier with others, treat it as a prompt to check the wording and the claims record — not as proof the policies are interchangeable.

Not yet mapped

43 brands

APRA licence: not found on the register

Brand	Group	You contract with	Evidence	Docs held
Allianz	Allianz	the insurer directly	—	none
Bank of Melbourne Insurance	Allianz	the insurer directly	—	none
BankSA Insurance	Allianz	the insurer directly	—	none
Kogan Insurance	Allianz	the insurer directly	—	none
NAB Insurance	Allianz	the insurer directly	—	none
RAA Insurance	Allianz	the insurer directly	—	none
RAMS Insurance	Allianz	the insurer directly	—	none
St George Insurance	Allianz	the insurer directly	—	none
Westpac Insurance	Allianz	the insurer directly	—	none
Australia Post Insurance	Auto & General	the insurer directly	—	none
Budget Direct	Auto & General	Auto & General Services Pty Ltd ABN 61 003 617 909 AFSL 241411	—	none
Coles Insurance	Auto & General	Coles Supermarkets / Loyalty Pacific as ARs	—	none
ING Insurance	Auto & General	the insurer directly	—	none
Qantas Insurance	Auto & General	the insurer directly	—	none
Virgin Money Insurance	Auto & General	the insurer directly	—	none
Australian Seniors	Hollard	Greenstone Financial Services Pty Ltd	—	none
Bankwest Insurance	Hollard	the insurer directly	—	none
CommInsure	Hollard	the insurer directly	—	none
Huddle Insurance	Hollard	the insurer directly	—	none
Medibank Home Insurance	Hollard	the insurer directly	—	none
Open Insurance	Hollard	the insurer directly	—	none
Real Insurance	Hollard	Greenstone Financial Services Pty Ltd ABN 53 128 692 884 AFSL 343079	—	none
Woolworths Insurance	Hollard	the insurer directly	—	none
CGU	IAG	the insurer directly	—	none
NRMA Insurance	IAG	the insurer directly	—	none
SGIC	IAG	the insurer directly	—	none
SGIO	IAG	the insurer directly	—	none
ShareCover	IAG	the insurer directly	—	none
WFI	IAG	the insurer directly	—	none
RACV Insurance	IAG/RACV JV	RACV Insurance Services Pty Ltd AFSL 230039	—	none
Elders Insurance	QBE	the insurer directly	—	none
QBE	QBE	the insurer directly	—	none
RAC	RAC	the insurer directly	—	none
Honey Insurance	RACQ	the insurer directly	—	none
RACQ	RACQ	RACQ Distribution Services Pty Ltd	—	none
RACT	RACT	the insurer directly	—	none
AAMI	Suncorp	the insurer directly	—	none
Apia	Suncorp	Apia Pty Ltd ABN 14 099 650 996 AR 239591	—	none
CIL Insurance	Suncorp	the insurer directly	—	none
Shannons	Suncorp	Shannons Pty Limited ABN 91 099 692 636	—	none
Suncorp Insurance	Suncorp	the insurer directly	—	none
Terri Scheer	Suncorp	the insurer directly	—	none
Youi	Youi	the insurer directly	—	none

NRMA Insurance

1 brand

APRA licence: not found on the register

Brand	Group	You contract with	Evidence	Docs held
NRMA Insurance	—	the insurer directly	verified	none

Synthetic Mutual Insurance

1 brand

APRA licence: not found on the register

Brand	Group	You contract with	Evidence	Docs held
Synthetic Mutual Insurance	—	the insurer directly	verified	none

UtilitySwitch Audit Mutual

1 brand

APRA licence: not found on the register

Brand	Group	You contract with	Evidence	Docs held
UtilitySwitch Audit Mutual	—	the insurer directly	verified	none

How solid is this?

Carriers come from APRA's register under s.122 of the Insurance Act 1973. Brand-to-carrier edges carry the evidence they were established from; confidence 1.0 means quoted from the brand's own disclosure or APRA, 0.6 means reported by a secondary source and not yet re-verified.

Carriers are refreshed from APRA's register — the register is the only authoritative statement of who may carry the risk, so a brand whose underwriter isn't on it is a red flag, not a rounding error. Rows marked reported came from a secondary source and need re-checking against the brand's own disclosure before we'd show them to a customer as fact.

Can we tell whether shared-carrier brands sell the same product?

0 pairs of home brands share an underwriter, and 0 policy documents have had their wording fingerprinted. 0 same-carrier pairs currently have wording on both sides. 0 document(s) fingerprinted. No same-carrier brand pair yet has wording on both sides, so we cannot say whether any of them sell the same product.

Policy wording is compared after stripping branding, ABNs, URLs, phone numbers, dates and running headers, then shingling the remaining words and MinHashing them. Comparing the files themselves would be meaningless — the same policy under two brands has a different logo, cover page and footer, so the bytes never match.

A high score means the same words — it does not prove the same cover. One differing exclusion can matter more than a hundred identical paragraphs, so this is a screen that says which pairs are worth reading clause by clause, not a verdict.

Document coverage

We hold 0 Key Fact Sheets and 0 other product documents (PDS, SPDS). Against 46 home brands that is the gap to close — the KFS is the only government-formatted, directly comparable artefact in this market, so it is the highest-value thing to collect next.

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